Introduction
Column
Chart A
Column
Chart B
Group info
Team of Thrones
Members:
- Ambalika Gupta
- Smriti Vinayak Bhat
- Yin Shan Ho
Skills
Column
Trend of skill categories across the different verticals by year
Column
Trend in change of useful skills across occupations
Analysis
- Soft skills are the one set of skills that people have increasingly found need for across all the verticals.
- Business skills are finding less and less takers by the year.
- Specialized industry skills seem to have seen volatility as they were in decline up until 2017-2018 but with the arrival of 2019 they saw a significant boost in demand.
- Disruptive technological skills do not seem to have caught on yet except for the Information and Communication segment.
- Mining and Quarrying have seen no disruptive tech skills growth whatsoever.
- Despite fintech sweeping across the world, among the people employed in the field of financial and insurance activities little to no technical skills seem to be visible.
- The skill that is the most in demand across all years is Digital Literacy.
- Business Management, Leadership and Teamwork are also right behind. Business Management however has been in decline since 2017 while Teamwork has taken the forefront.
- Business Skills - 5, Soft Skills - 4, Specialized Industry Skills - 2, Tech Skills - 3 are the split across the type of skills. Business skills and Soft skills still dominate.
- Specialized Industry skills figure in this list too. These are Research and Foreign Languages. In an increasingly interconnected world, it is quite evident why Foreign Languages make this list. Research also forms the corner stone of innovation and is an important skill to possess. Apart from this, Social media is also a technological main stay which figures prominently. This is yet another proof of the influence of technology on skills needed.
Talent Migration
Column
Migration Pattern to USA from other countries
Industry migration trend from the year 2015-2019
Skill migration trend from the year 2015-2019
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Highest Migration Rate
| Country Name | Net Migration |
|---|---|
| Cuba | -11.336000 |
| Jamaica | -8.832500 |
| Haiti | -6.900000 |
| Fiji | -6.633333 |
| Benin | -5.530000 |
| Moldova | -5.447500 |
| Bosnia and Herzegovina | -5.437143 |
| Venezuela, RB | -5.286400 |
| Tunisia | -4.548235 |
| Madagascar | -4.540000 |
Top 10 countries with Highest Number of Immigrants
| Country Name | Net Migration |
|---|---|
| Georgia | 8.535556 |
| Luxembourg | 8.201111 |
| Gabon | 6.656000 |
| Papua New Guinea | 4.104000 |
| Cyprus | 2.956875 |
| Zambia | 2.705000 |
| Malawi | 2.372500 |
| Kuwait | 1.932308 |
| Congo, Dem. Rep. | 1.653000 |
| Libya | 1.562857 |
Analysis
- Top 3 out 10 countries with the highest number of net migrant arrivals are from the European region
- Top countries with people migrating from, in search of jobs belong to Sub-Saharan African continent.
- It is observed that USA has maximum number of immigrants from Europe and and Africa in the year 2019
- Industries like Finance - Venture Capital and Private Equity, Tech Sector - Computer and Network Security, Information Services, Internet have flourished consistently over the years with highest number of arrivals from other industries. E-Learning and Outsourcing/Offshoring is an upcoming industry with increasing arrivals.
- In Business Skill sector, maximum arrivals are in Debt Collection skill
- In Disruptive Tech Skill sector, maximum and consistent arrivals are in Fintech sector. Also Aerospace Engineering showing a consistent trend of departures -In Soft Skill sector, Persuasion skills have shown consistency with maximum arrivals. These skills are the need of the hour with increasing sales and marketing trend.
- Specialised Industry sector shows an upcoming trend in skills like Nuclear Physics, Oral Comprehension & Psychiatry
- Tech Skills sector shows a consistent trend for Data-Driven Analytics, with Web hosting being next in line.
Employment Growth
Column
Global trend of employment growth rate
Trend of employment growth rate in different industries
Analysis
Global decrease in the growth rate of employment
Most of the income groups have increasing trend of employment rate except from high income group
Rapid development in Information and communication Section
Decreasing trend observed in Mining and Quarrying sections in High and Upper Middle Income group
Column
Top 5 Employment Growth (Countries)
| country name | region | average perentage of growth |
|---|---|---|
| Luxembourg | Europe & Central Asia | 11.389292 |
| Cyprus | Europe & Central Asia | 5.913180 |
| Georgia | Europe & Central Asia | 5.399218 |
| United Arab Emirates | Middle East & North Africa | 4.850546 |
| Switzerland | Europe & Central Asia | 3.984353 |
Analysis
Higher employment growth rate in European and Central Asian Countries
Most of them have rich mineral/oil resources
Top 5 Employment Growth (Industries)
| industry name | average persentage of growth |
|---|---|
| Venture Capital & Private Equity | 3.584088 |
| Alternative Dispute Resolution | 2.462249 |
| Computer & Network Security | 2.097874 |
| Renewables & Environment | 2.069448 |
| Aviation & Aerospace | 1.673296 |
Top 5 Employment Recession (Industries)
| industry name | average percentage of growth |
|---|---|
| Newspapers | -2.103078 |
| Accounting | -2.074900 |
| Market Research | -1.822482 |
| Outsourcing/Offshoring | -1.798203 |
| Telecommunications | -1.538015 |
Analysis
Rapid Development in:
Infrastructure
Information Technology
Equity Management
Environment Protection
Rapid Recession in:
Traditional Media
Traditional Communication
References
World Bank. (n.d.). Skills | LinkedIn Data | Data Catalog. Retrieved May 17, 2021, from https://datacatalog.worldbank.org/dataset/skills-linkedin-data
World Bank. (n.d.). Employment Growth | LinkedIn Data | Data Catalog. Retrieved May 17, 2021, from https://datacatalog.worldbank.org/dataset/employment-growth-linkedin-data
Agarrwal, K. (2021, April 19). What is FINTECH? Retrieved May 18, 2021, from https://www.forbes.com/advisor/in/banking/what-is-fintech/